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IRONWORKERS USA FEDERAL CREDIT UNION

Mar, 31, 2021 — IRONWORKERS USA FEDERAL CREDIT UNION is a federal credit union headquartered in PORTLAND, OR with 3 branch locations and about $63.24 million in total assets. Opened 61 years ago in 1960, IRONWORKERS USA FEDERAL CREDIT UNION has about 8,009 members and employs 14 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:IRONWORKERS USA FEDERAL CREDIT UNION
Address:
(Main Office)
11620 NE AINSWORTH CIR
PORTLAND, OR 97220
Phone:(503) 774-3848
Fax:
Website:http://www.ironworkersfcu.org
Branches:3 branch locations
Members:8,009
Credit Union Type:Federal Credit Union
Charter Number:13649
Membership Type:Associational - Fraternal, other than those designated 'low-income'
Corporate Credit Union:No
Year Opened:1960
Last Audited:Dec 01, 2019
FHLB Member:No
Low Income Designation:No
Assets:$63,242,086
CEO/Manager:Teri M Robinson
Chairperson:Robert Camarillo

Call Report

  • Real Estate Loans
  • Risk Based Loans
  • ATM/Debit Card Program
  • Commercial Share Accounts
  • Check Cashing
  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 12,932,315
TOTAL INVESTMENTS 180,717
Loans Held for Sale 0
 
 Real Estate Loans 2,031,852
 Unsecured Loans 3,966,098
 Other Loans 43,440,120
 TOTAL LOANS 49,438,070
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -479,002
 Land And Building 0
 Other Fixed Assets 198,450
 NCUSIF Deposit 384,705
 All Other Assets 586,831
  TOTAL ASSETS 63,242,086
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 250,000
 Accounts Payable & Other Liabilities 226,914
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 11,254,387
 Regular shares 18,994,360
 All Other Shares & Deposits 27,320,704
  TOTAL SHARES & DEPOSITS 57,569,451
  TOTAL LIABILITIES 58,046,365
 Regular Reserve 466,273
 Other Reserves 0
 Undivided Earnings 4,729,448
  TOTAL EQUITY 5,195,721
  TOTAL LIABILITIES, SHARES, & EQUITY 63,242,086
INCOME & EXPENSE  
 Loan Income 828,123
 Investment Income 1,242
 Other Income 153,182
 Total Employee Compensation & Benefits 317,723
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 286,673
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 142,000
 Cost of Funds 152,991
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 271,944
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